Final consumption expenditure in Aruba
Aruba: Final consumption expenditure was 5.00 billion current LCU in 2024. ▲ Rising
Final consumption expenditure in Aruba, 1995–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
In 2024, final consumption expenditure in Aruba stood at 5.00 billion current LCU.
Compared with earlier readings it is down 1.4% on the previous year and up 21.4% over ten years.
Over the whole period, final consumption expenditure in Aruba peaked at 5.07 billion current LCU in 2023 and was at its lowest, 1.67 billion current LCU, in 1995.
That places Aruba 178th out of 187 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 30 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1.99 billion current LCU | 1.67 billion current LCU | 2.28 billion current LCU | 5 |
| 2000s | 3.15 billion current LCU | 2.37 billion current LCU | 3.87 billion current LCU | 10 |
| 2010s | 4.26 billion current LCU | 3.81 billion current LCU | 4.91 billion current LCU | 10 |
| 2020s | 4.64 billion current LCU | 4.04 billion current LCU | 5.07 billion current LCU | 5 |
Countries ranked near Aruba
More economy & growth data for Aruba
- Gross capital formation 1.07 billion current US$ (2024)
- Gross national expenditure 92.8% (2024)
- Exports of goods and services 3.58 billion current US$ (2024)
- Exports of goods and services 6.41 billion current LCU (2024)
- Exports of goods and services 86.0% (2024)
- Changes in inventories 65.38 million current US$ (2009)
- Changes in inventories 117.03 million current LCU (2009)
- Imports of goods and services 3.26 billion current US$ (2024)
- Imports of goods and services 78.2% (2024)
- Imports of goods and services 5.83 billion current LCU (2024)
Frequently asked questions
- What is final consumption expenditure in Aruba?
- Final consumption expenditure in Aruba was 5.00 billion current LCU in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest final consumption expenditure recorded in Aruba?
- The highest recorded value was 5.07 billion current LCU in 2023.
- What is the lowest final consumption expenditure recorded in Aruba?
- The lowest recorded value was 1.67 billion current LCU in 1995.
- How does Aruba rank for final consumption expenditure?
- Aruba ranks 178th out of 187 countries with data for 2024.
- Is final consumption expenditure rising or falling in Aruba?
- Over the last ten years it is up 21.4%. The long-run trend across the full record is rising.
- Where does this Aruba data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Final consumption expenditure (current LCU). Statizoid updates them automatically from the source API.
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CSV · JSON — 30 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Final consumption expenditure is expenditure on goods and services by resident institutional units for the direct satisfaction of human needs or wants, whether individual or collective. Final consumption expenditure can be measured for households, general government, the central bank and non-profit institutions serving households. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.